Top 10 Countries By U.S. Reinsurance Premiums Ceded to Unaffiliated And Affiliated Offshore Reinsurers, 2017

(US$ millions)

Unaffiliated offshore reinsurers Affiliated offshore reinsurers
Rank Country Premiums ceded Rank Country Premiums ceded
1 Bermuda $10,954 1 Bermuda $26,438
2 United Kingdom 5,622 2 Switzerland 13,817
3 Switzerland 5,079 3 Germany 2,510
4 Germany 4,584 4 Cayman Islands 1,262
5 Cayman Islands 4,097 5 France 1,039
6 Turks and Caicos 1,736 6 United Kingdom 618
7 Barbados 651 7 Turks and Caicos 567
8 British Virgin Islands 599 8 Spain 526
9 Ireland 558 9 Ireland 491
10 Channel Islands 510 10 Japan 399
Total, top 10 countries   $34,389 Total, top 10 countries   $47,668
Total world   $36,638 Total world   $48,302
Source: Reinsurers Association of America.